Genuine Learning Blog – GAO: Government Efficiency and Effectiveness Report

| ,

GAO has issued their annual report about ways the federal government can reduce inefficiencies and redundancy across a wide variety of programs and departments. The report gives a status update on the 1,299 actions GAO has recommended since 2011 to address billions of dollars in inefficient and duplicative spending.

https://www.gao.gov/products/gao-22-106064

What steps would you want the federal government to take to reduce wasteful spending?

SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members. Melisa is a speaker on audit topics at SCACPA’s annual Spring Splash and Fall Fest conferences. She also takes part in many SCACPA seminars and rebroadcasts.

With over 15 years of experience in the accounting profession, Melisa Galasso designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. She closely monitors regulatory bodies for changes in auditing and accounting guidance and serves as a subject matter expert in implementing the updated guidance.

Genuine Learning Blog: OMB Memo on Auditing

On June 23, OMB issued Memo M-25-30: Ensuring Accountability: How We Oversee, Audit, and Improve. It reinforces the. ...
READ MORE

NANO Blog: ASU 2025-01 & ASU 2025-02

In Q1 of this year, the FASB issued ASU 2025-01 & ASU 2025-02. ASU 2025-01 amends the effective date of ASU 2024-03, ...
READ MORE

Genuine Learning Blog: Presidential EO on Grants

On Aug. 7, the President issued an EO creating a review process for discretionary grants. ...
READ MORE